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Agenus(AGEN - Get Report) is a biotechnology company focused on the development and commercialization of technologies to treat cancers and infectious diseases, based on immunological approaches. This stock is trading up 5.3% to $6.28 in recent trading.
Today's Range: $6.12-$6.60
52-Week Range: $1.92-$6.72
Three-Month Average Volume: 220,406
From a technical perspective, AGEN is spiking higher on heavy volume, and its quickly approaching a major breakout trade. That breakout will hit once AGEN can manage to take out some past overhead resistance levels at $6.72 to $6.96 with volume.
Traders should now look for long-biased trades if AGEN can sustain a move and close above those levels on volume that's near or well above 220,406 shares. If we get that action soon, look for AGEN to make a run at its next major overhead resistance levels at $8.88 to $10.32 in the near future.
To see more stocks under-$10 that are making notable moves higher today, check out the
Stocks Under-$10 Moving Higher portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.